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Home >  Events >  Domestic Effects of Foreign Direct Investment
Domestic Effects of Foreign Direct Investment
Print Mail
With a Keynote Address by N. Gregory Mankiw, Chairman of the Council of Economic Advisers
Cosponsored by the International Tax Policy Forum
Start:  Thursday, December 2, 2004  8:50 AM
End:  Thursday, December 2, 2004  3:30 PM
Location:  Wohlstetter Conference Center, Twelfth Floor, AEI
1150 Seventeenth Street, N.W., Washington, D.C. 20036
Directions to AEI

Rising foreign direct investment, U.S. manufacturing job losses, and cross-border outsourcing arrangements have focused attention on how U.S. tax rules influence decisions by multinational companies to create jobs in the United States and abroad. The recent presidential election campaign included proposals to alter significantly U.S. taxation of income earned by American companies abroad. Sensible tax policy responses require an understanding of the connection between the domestic and foreign operations of multinational companies. This conference presents new research on how investment abroad affects the U.S. economy and includes both historical perspectives and a bipartisan panel discussion of current policy options.

8:30 a.m.

Registration

     

8:50

Opening Remarks: John Samuels, General Electric

 

 

Kevin A. Hassett, AEI

   

9:00

Globalization of Business Operations: Historic Perspectives

 

Moderator:

James Hines, University of Michigan

 

Presenter:

Douglas Irwin, Dartmouth College

 

 

 

9:45

Foreign Direct Investment and Factor Markets

 

Moderator:

James Hines, University of Michigan

 

Presenter:

Catherine Mann, Institute for International Economics

 

Commentator:

Robert Lipsey, CUNY and National Bureau of Economic Research

 

 

 

10:45

Coffee Break

 

 

 

 

11:00

Expansion Abroad and the Domestic Operations of U.S. Multinational Firms

 

Moderator:

James Hines, University of Michigan

 

Presenter: 

Matthew Slaughter, Dartmouth College

 

Commentator: 

William Randolph, U.S. Treasury Department

 

 

 

Noon

Luncheon

 

 

 

 

 

Introduction:

R. Glenn Hubbard, AEI and Columbia University

 

Keynote Speaker:

N. Gregory Mankiw, chairman, Council of Economic Advisers

 

 

 

1:15 p.m.

Effects of Outbound FDI on Domestic Economic Activity

 

Moderator:

R. Glenn Hubbard, AEI and Columbia University

 

Presenter:

Mihir A. Desai, Harvard University

 

Commentator:

Kevin A. Hassett, AEI

 

 

 

2:15

Does the Tax System Create Excessive Incentives to Move Economic Activity Abroad?

 

Moderator:

Sebastian Mallaby, Washington Post

 

Panelists:

Alan Auerbach, University of California-Berkeley

 

 

R. Glenn Hubbard, AEI and Columbia University

 

 

Matt Slaughter, Dartmouth College

 

 

Lael Brainard, Brookings Institution

 

 

 

3:30

Adjournment

Available in Adobe Acrobat PDF format.

More Information
Gordon Gray
American Enterprise Institute
 1150 Seventeenth Street, N.W.
Washington, DC  20036
Phone: 202-862-4873
Fax: 202-862-5807
E-mail: GGray@aei.org

Media Inquiries
Veronique Rodman
American Enterprise Institute
 1150 Seventeenth Street, N.W.
Washington, DC  20036
Phone: 202-862-4870
E-mail: VRodman@aei.org


Event Materials
  Summary
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Related Material
Mankiw's speech
Irwin's presentation  
Mann's presentation  
Slaughter's first presentation  
Randolph's presentation  
Hubbard's presentation  
Hassett's presentation  
Slaughter's second presentation  
Desai's presentation  
Related Links
Coverage in the AEI Newsletter
Economic Outlook series
International trade, finance
Tax and other fiscal policy